Hsbc Holdings PLC Boosts Stake in Healthcare Realty Trust Incorporated $HR

Hsbc Holdings PLC boosted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 21.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 536,891 shares of the real estate investment trust’s stock after buying an additional 95,904 shares during the period. Hsbc Holdings PLC’s holdings in Healthcare Realty Trust were worth $9,100,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Aberdeen Group plc grew its holdings in shares of Healthcare Realty Trust by 26.2% in the fourth quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock valued at $6,631,000 after purchasing an additional 81,273 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in Healthcare Realty Trust in the fourth quarter worth $31,810,000. Harbour Investments Inc. raised its stake in Healthcare Realty Trust by 3,394.4% during the fourth quarter. Harbour Investments Inc. now owns 70,167 shares of the real estate investment trust’s stock valued at $1,189,000 after purchasing an additional 68,159 shares in the last quarter. Cinctive Capital Management LP raised its stake in Healthcare Realty Trust by 258.9% during the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock valued at $3,418,000 after purchasing an additional 136,734 shares in the last quarter. Finally, Bayhunt Capital LLC bought a new position in Healthcare Realty Trust during the fourth quarter valued at $6,216,000.

Healthcare Realty Trust Stock Down 0.1%

HR stock opened at $20.62 on Thursday. Healthcare Realty Trust Incorporated has a twelve month low of $15.28 and a twelve month high of $20.90. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of -35.56 and a beta of 0.98. The firm’s fifty day simple moving average is $20.12 and its two-hundred day simple moving average is $18.45.

Healthcare Realty Trust (NYSE:HRGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The company had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same period in the prior year, the firm posted $0.39 EPS. The firm’s revenue was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.62 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio is presently -165.52%.

Insider Activity

In related news, CAO Amanda L. Callaway sold 25,767 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Scotiabank lifted their price objective on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. UBS Group upped their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday. BTIG Research reiterated a “buy” rating and issued a $22.00 price target on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Wells Fargo & Company lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Citigroup boosted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $21.75.

Get Our Latest Stock Analysis on Healthcare Realty Trust

Healthcare Realty Trust Company Profile

(Free Report)

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.

See Also

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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